Young, multi-instrumentalist Nils Lofgren, bassist Billy Talbot and drummer Ralph Molina recorded the new album with Young's co-producer, John Hanlon, in spring 2019. The 10 new songs are ranging from around 3 minutes to over 13 minutes. Colorado was released on October 25, 2019 on Reprise Records. On August 30, 2019, Young unveiled "Milky Way", the first song from Colorado, a love ballad he had performed several times at concerts – both solo acoustic and with Promise of the Real.
2020s
In February 2020, Young wrote an "open letter" to President Donald Trump: ‘You Are a Disgrace to My Country’. In April 2020, he announced that he was working on a new archival album titled Road of Plenty, which will consist of music made with Crazy Horse during a 1986 US tour and tracks recorded in 1989 while rehearsing for their Saturday Night Live appearance.
On May 7, 2020, it was announced that Young would release on June 19, 2020, his 1975 unreleased album Homegrown, which he described as "the missing link between Harvest, Comes A Time, Old Ways and Harvest Moon". The original release date of April 17 had to be delayed due to the COVID-19 pandemic.
On August 4, 2020, Young filed a copyright infringement lawsuit against Donald Trump's reelection campaign for the use of Young's music at campaign rallies.
On August 14, 2020, Young announced that he would "soon" release a new EP entitled The Times. Young shared the news via his video for his new song "Lookin' for a Leader", stating: "I invite the President to play this song at his next rally. A song about the feelings many of us have about America today, it's part of The Times, an EP coming soon from Reprise Records—my home since 1968."
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